To some extent, Kaito's profitability may increase as the market becomes more sluggish, because projects tend to launch in large numbers before liquidity contracts.
So I guess when the market shows a top structure, if we see Kaito making another extreme surge, it will be the time when the market is facing a shift.
Recently, the market has warmed up comprehensively, and Kaito has surged, which is likely due to the same logic....
$KAITO has risen 90% in two weeks, recent data review, potential flywheel approaching
Since I pointed out that the Kaito team decided to fully sprint using Kaito after breaking even with their first product, Kaito Pro, it has only been 5 months.
If you haven't joined yet, you can register and try it out:
🔸🔸🔸
Review of what the Kaito team has done during this period
💡 Annualized revenue for Q1 2025: $32 million. Note that the market in the first quarter was very bleak.
💡 More than 700 teams are using Kaito Pro, with a monthly fee of $1100, and a two-year purchase for $18,000 (monthly $750).
💡 Total distribution amount exceeded $72 million, with the first project being @eigenlayer in September 2024.
💡 Nearly $5 million worth of airdrops have been distributed to $KAITO holders.
🔸🔸🔸
Current $KAITO related data
- 17% of the total amount is staked
- The team has executed over $5 million in $KAITO buybacks (3.3M $KAITO)
- Since TGE, the $KAITO token has been deflationary
👉 Daily buyback volume is often several times the reward distribution volume
🔸🔸🔸
Kaito founder @Punk9277 publicly stated that he has continuously purchased $KAITO with $1.4 million during March, and he was the second largest staker at that time.
Hu Yu also made a promise that these locked $KAITO will be unlocked according to
- Unlock 50% when Kaito protocol revenue reaches $50 million
- Unlock 100% when we reach $100 million protocol revenue
Not wasting the previous efforts of continuously staking $KAITO during the bear market, I am currently about the top 60 stakers.
Remember when the staking mechanism was first launched, there were only about 5 people with a Gold badge (requiring staking over 100,000 $KAITO), now there are almost 40 addresses👀
Don't fomo at high prices, keep an eye on the following data
1️⃣ Kaito protocol's three product revenue fluctuations
2️⃣ Differences in buyback volume and token staking rewards distribution
3️⃣ Any mechanism changes, including staking, NFTs, etc., will have an impact. The current NFT price is 2.89E, with a recent high of 3E
flywheel spinning 📈♿️
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